UT stands to lose $92 million if proposed budget is finalized
Under the proposed state budget for the next biennium, UT could lose 16.5 percent of its funding compared to the 2010-11 biennium, according to an email President William Powers Jr. sent...
View ArticleState budget cuts to mostly affect academic core
State budget cuts will cost the University $92 million for the 2012-13 biennium, President William Powers Jr. said in an email last week. In Powers’ email, he said the cut amounts to about a...
View ArticleUT budget director answers questions about funding cuts
Budget director Mary Knight spoke with The Daily Texan to address administrative plans to deal with a reduction of state appropriations over the next two years. Total permanent cuts amount to $92...
View ArticleState looks to eliminate excess university reports
In partial response to the decrease in state funding, the University is now clarifying and cutting operational reports to government agencies that were previously excessive and confusing, said Mary...
View ArticleBoard of Regents' upcoming meeting delays setting tuition rates
The UT System Board of Regents will not set tuition rates for the next two academic years at Thursday’s special called meeting, contrary to the expectations of University administrators.If the Regents...
View ArticleState budget cuts asks Texas agencies to reduce finances
Governor Rick Perry’s call for Texas agencies to cut spending over the next two years has prompted a statewide search for fiscal inefficiencies, a search UT will undertake in the next few months. It is...
View ArticleFiscal cliff expected to harm university
University officials say UT could feel repercussions from the automatic tax increases and spending cuts set to kick in as part of the fiscal cliff on Jan. 2, 2013. If the U.S. Congress does not act,...
View ArticleEarly state funding proposals suggest 3 percent cut to UT
The University would face a cut of almost 3 percent in state funds if Texas legislators follow budget recommendations released last week, although the budget may change during the legislative...
View ArticleFacing inaction from Board of Regents, University decides not to increase...
Because of inaction on the part of the UT System Board of Regents to address a proposed increase in graduate school tuition, the University Budget Council has decided not to increase graduate tuition...
View ArticleCommittees drafting reports on raising rates, other proposals
Committees established by the University are set to deliver efficiency reports five months from now in response to proposals to restructure non-academic functions at UT.In January, President William...
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UT-Austin receives bulk of UT System money — yet still lacks enough funds
The UT System allocates more than one-third of the money in the Available University Fund directly to UT-Austin, and the campus is growing more dependent on these allocations as state funding shrinks....
View ArticleMore than 100 faculty members oppose Shared Services in letter to President...
President William Powers Jr. received a letter signed by more than 100 faculty members opposing Shared Services on Tuesday. The letter — authored by radio-television-film senior lecturer Anne Lewis,...
View ArticleUT finance chief Kevin Hegarty stepping down, taking post at University of...
Kevin Hegarty, UT’s vice president and chief financial officer, will step down from his position to become executive vice president and CFO at the University of Michigan.Mary Knight, associate vice...
View ArticleTuition to remain flat for fall 2015
For the fall 2015 semester, students will not see an increase in tuition, despite requests from the University administration, according to a report from the Office of Financial Affairs.Tuition at UT...
View ArticleLawmakers propose halving UT-System’s portion of Permanent University Fund...
UT’s portion of the Permanent University Fund (PUF) might be cut in half to help fund The University of Houston. Last week, Rep. Sylvester Turner (D-Houston) laid out a bill and constitutional...
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